The Ridge at Calhoun — Sale in Calhoun, GA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Calhoun, GA 30701
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Investment Figures
- Cap rate
- 5.30%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The Ridge at Calhoun represents an opportunity to acquire a well-positioned, cottage-style community in a growing secondary market with clear and quantifiable upside embedded in its current rent structure. The cottage format is a genuinely differentiated product type — offering residents private entrances, a detached residential feel, and the privacy of a single-family home at a rental price point — and yet the property is currently leasing at a meaningful discount to conventional apartment comps in the area. The property is already demonstrating rent growth momentum as evidenced by both the trailing financials and the spread of individual lease rates on the rent roll, and the competitive set confirms that the market can absorb meaningfully higher rents than the property's current average. The Calhoun market itself offers a compelling combination of demand stability, supply constraint, and long-term economic resilience rooted in its manufacturing base and I-75 corridor positioning. For an operator focused on driving organic revenue growth through disciplined lease management and rent optimization, The Ridge at Calhoun offers a durable, data-backed path to enhanced income — without requiring speculative market conditions, heavy capital expenditure, or significant execution risk. The rent gap is real, the cottage- style product is genuinely differentiated, the comparables are available, and the market fundamentals support it. Investment Highlights: • Distinctive Cottage-Style Living: 236-unit, 100% market-rate cottage-style community — a genuinely differentiated product type in the submarket • Strong Occupancy: Occupancy has strengthened to 96.6% physical / ~96.0% economic per the Current 2026 Budget, providing a stable income base for the hold period • Premium Floorplans at a Discount: Large, highly desirable cottage floorplans (2BR/2BA at 1,193 SF; 3BR/3BA at 1,652 SF) — cottage format typically warrants a premium over conventional apartment comps • Proven Rent Gro
Market Context
This multifamily in Calhoun, GA is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Calhoun, GA — view the full market.
Contact
- Marco Welch · (678) 808-2735 · marco.welch@marcusmillichap.com
- Joe Mitchell · (678) 808-2715 · joe.mitchell@marcusmillichap.com
- Scott Spalding · (678) 808-2814 · scott.spalding@marcusmillichap.com
- Harold Shepard · (678) 808-2808 · harold.shepard@marcusmillichap.com
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